Real Estate Investment Properties for Sale in Indian River, MI

Looking for investment property in Indian River, MI with high ROI ?

Explore a variety of short-term homes & houses in Indian River, MI. Invest wisely with VRBO & Indian River, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Indian River, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1012 Lynn Drive Indian River, MI Ready for lake life? Discover this charming 2-bedroom, 1-bath home on the south east side ...	2 beds \| 1 baths \| 793 sq.ft.	$379,900	Airbnb cash on cash: -1.11% Traditional cash on cash: 1.47% Airbnb Rental Income: $943 Traditional Rental Income: $1518 Airbnb ROI: -1.11% Traditional ROI: 1.47%
1461 Riverview Lane Indian River, MI Lake life! Fully furnished 4-bedroom, 2-bath home situated on the Pigeon River with 101' p...	4 beds \| 2 baths \| 1,186 sq.ft.	$375,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.59% Airbnb Rental Income: $1735 Traditional Rental Income: $2245 Airbnb ROI: 0.78% Traditional ROI: 3.59%
939 Stratford Lane Indian River, MI Wake up to coffee on the beach then a cocktail for unfiltered sunset views over Burt Lake ...	3 beds \| 2 baths \| 1,200 sq.ft.	$499,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 1.89% Airbnb Rental Income: $867 Traditional Rental Income: $2154 Airbnb ROI: -1.58% Traditional ROI: 1.89%
5134 Big Sky Trail Indian River, MI This thoughtfully designed residence features 3 bedrooms, 2 full bathrooms, and 2 half bat...	3 beds \| 3 baths \| 2,561 sq.ft.	$549,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 3.15% Airbnb Rental Income: $867 Traditional Rental Income: $3009 Airbnb ROI: -1.67% Traditional ROI: 3.15%
3401 Poplar Street Indian River, MI OPEN HOUSE! 6/20 - 10 AM-2 PM Take it easy at Stone's Throw Cottage! This tastefully updat...	3 beds \| 2 baths \| 1,810 sq.ft.	$494,000	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.14% Airbnb Rental Income: $867 Traditional Rental Income: $2710 Airbnb ROI: -1.57% Traditional ROI: 3.14%
6528 Holden Road Indian River, MI Rare opportunity to own two newer homes just blocks from Burt Lake, offering the perfect s...	5 beds \| 4 baths \| 2,780 sq.ft.	$650,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 3.05% Airbnb Rental Income: $1094 Traditional Rental Income: $3477 Airbnb ROI: -1.49% Traditional ROI: 3.05%
1343 Renos Drive Indian River, MI This Well Maintained Chalet Has Some Beautiful Panoramic Views Of Mullett Lake. Watch Plen...	2 beds \| 1 baths \| 1,350 sq.ft.	$679,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.47% Airbnb Rental Income: $943 Traditional Rental Income: $1226 Airbnb ROI: -0.53% Traditional ROI: 0.47%
3710 Lake Marina Drive Indian River, MI Meticulously maintained and beautifully updated, this stunning 3-bedroom, 3-bathroom home ...	3 beds \| 3 baths \| 3,450 sq.ft.	$899,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.24% Airbnb Rental Income: $867 Traditional Rental Income: $3218 Airbnb ROI: -0.96% Traditional ROI: 2.24%
4878 S Straits Highway Indian River, MI This commercial dwelling, designed for functionality and comfort, features a spacious sitt...	2 beds \| 1 baths \| 1,048 sq.ft.	$199,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 6.23% Airbnb Rental Income: $943 Traditional Rental Income: $1628 Airbnb ROI: 0.8% Traditional ROI: 6.23%
3869 Club Road Indian River, MI Spacious Ranch with Little Sturgeon Frontage in Downtown Indian River. Welcome to this bea...	2 beds \| 3 baths \| 1,820 sq.ft.	$409,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 5.88% Airbnb Rental Income: $943 Traditional Rental Income: $2977 Airbnb ROI: -0.32% Traditional ROI: 5.88%
8554 W M-68 Indian River, MI Discover your dream retreat with this stunning 3-bedroom, 1-bedroom/office (non-conforming...	3 beds \| 3 baths \| 2,859 sq.ft.	$1,995,000	Airbnb cash on cash: -2.29% Traditional cash on cash: -0.66% Airbnb Rental Income: $867 Traditional Rental Income: $3553 Airbnb ROI: -2.29% Traditional ROI: -0.66%
6378 Hillside Avenue Indian River, MI Experience timeless elegance in this beautifully preserved 1890s Victorian, nestled in the...	5 beds \| 3 baths \| 2,800 sq.ft.	$895,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.81% Airbnb Rental Income: $1094 Traditional Rental Income: $3444 Airbnb ROI: -0.45% Traditional ROI: 2.81%
5064 Wilson Road Indian River, MI Are you searching for a home nestled near the beauty of the Sturgeon River, state land, an...	2 beds \| 2 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: 0.75% Traditional cash on cash: 6.91% Airbnb Rental Income: $943 Traditional Rental Income: $2052 Airbnb ROI: 0.75% Traditional ROI: 6.91%
6116 Hemlock Street Indian River, MI Welcome to this beautiful Colonial-style home located in the heart of Indian River. Just a...	4 beds \| 3 baths \| 2,067 sq.ft.	$397,700	Airbnb cash on cash: 1.98% Traditional cash on cash: 6.42% Airbnb Rental Income: $1735 Traditional Rental Income: $2913 Airbnb ROI: 1.98% Traditional ROI: 6.42%
6888 Sequoia Drive Indian River, MI This brand-new home is currently under construction and can be custom built to your wants ...	3 beds \| 2 baths \| 1,683 sq.ft.	$424,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.16% Airbnb Rental Income: $867 Traditional Rental Income: $2610 Airbnb ROI: -0.06% Traditional ROI: 5.16%
865 Wintree Drive Indian River, MI Have you been dreaming of an up north beautiful full log home w/a vaulted wall of windows ...	3 beds \| 3 baths \| 1,500 sq.ft.	$465,900	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.77% Airbnb Rental Income: $867 Traditional Rental Income: $2404 Airbnb ROI: -1.52% Traditional ROI: 2.77%
3063 Red Pine Point Dr Indian River, MI 3063 Red Pine Point Dr, Indian River, MI 49749 \| Single Family Residential	10 beds \| 10 baths \| 18,384 sq.ft.	$8,300,000	Airbnb cash on cash: -2.45% Traditional cash on cash: -1.82% Airbnb Rental Income: $1094 Traditional Rental Income: $5619 Airbnb ROI: -2.45% Traditional ROI: -1.82%
1466 Wahbee Ave Indian River, MI Ready to create your own retreat on beautiful Burt Lake? Enjoy sunset views from this char...	2 beds \| 1 baths \| 679 sq.ft.	$498,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.12% Airbnb Rental Income: $943 Traditional Rental Income: $1216 Airbnb ROI: -1.44% Traditional ROI: -0.12%
V/L 20.7 A Spikehorn Trl #Parcel16 & 17, 20.70 Acres+- Indian River, MI V/L 20.75A Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 2.37%
V/L Site 9 Cedar Springs Ln Indian River, MI V/L Site 9 Cedar Springs Ln, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.74% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 5.74%
Spikehorn Trl #Parcel 16 & 17 Indian River, MI Spikehorn Trl, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.37% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 2.37%
5384 Commerce Blvd #D404 Indian River, MI 5384 Commerce Blvd, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.87% Airbnb Rental Income: $null Traditional Rental Income: $816 Airbnb ROI: N/A Traditional ROI: 0.87%
5384 Commerce Blvd #D405 Indian River, MI 5384 Commerce Blvd #D405, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.37% Airbnb Rental Income: $null Traditional Rental Income: $906 Airbnb ROI: N/A Traditional ROI: 1.37%
6308 E Dorothy Avenue Indian River, MI HIGH AND DRY in-town location within walking distance to beautiful Burt Lake! This well ma...	2 beds \| 1 baths \| 820 sq.ft.	$285,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.88% Airbnb Rental Income: $943 Traditional Rental Income: $1543 Airbnb ROI: -0.65% Traditional ROI: 2.88%
4596 Onaway Road Indian River, MI Great opportunity at this price point in Indian River, offering a versatile setup on a spa...	5 beds \| 2 baths \| 3,188 sq.ft.	$304,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 6.57% Airbnb Rental Income: $1094 Traditional Rental Income: $2701 Airbnb ROI: -0.33% Traditional ROI: 6.57%
516 W Shoreview Lane Indian River, MI Experience 100 feet of pristine frontage on beautiful Mullett Lake, offering picturesque v...	3 beds \| 2 baths \| 2,083 sq.ft.	$1,150,000	Airbnb cash on cash: -2.12% Traditional cash on cash: -0.02% Airbnb Rental Income: $867 Traditional Rental Income: $2782 Airbnb ROI: -2.12% Traditional ROI: -0.02%
3652 Pier Ave Indian River, MI 3652 Pier Ave, Indian River, MI 49749 \| Single Family Residential	6 beds \| 2 baths \| 3,551 sq.ft.	$1,375,000	Airbnb cash on cash: -2.04% Traditional cash on cash: -0.64% Airbnb Rental Income: $1094 Traditional Rental Income: $2512 Airbnb ROI: -2.04% Traditional ROI: -0.64%
5115 S Straits Hwy #Cabin 16 Indian River, MI 5115 S Straits Hwy #Cabin 16, Indian River, MI 49749 \| Single Family Residential	2 beds \| 1 baths \| 407 sq.ft.	$138,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.32% Airbnb Rental Income: $943 Traditional Rental Income: $1031 Airbnb ROI: 0.04% Traditional ROI: 3.32%
5115 S Straits Hwy #Cabin 9 Indian River, MI 5115 S Straits Hwy #Cabin 9, Indian River, MI 49749 \| Single Family Residential	N/A beds \| 1 baths \| 204 sq.ft.	$102,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.35% Airbnb Rental Income: $null Traditional Rental Income: $542 Airbnb ROI: N/A Traditional ROI: 0.35%
5115 S Straits Hwy #Cabin 15 Indian River, MI 5115 S Straits Hwy #Cabin 15, Indian River, MI 49749 \| Single Family Residential	2 beds \| 1 baths \| 407 sq.ft.	$133,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.53% Airbnb Rental Income: $943 Traditional Rental Income: $1031 Airbnb ROI: 0.13% Traditional ROI: 3.53%
Par 17 Spikehorn Trl #Parcel 17 Indian River, MI Par 17 Spikehorn Trl #Parcel 17, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$79,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.14% Airbnb Rental Income: $null Traditional Rental Income: $919 Airbnb ROI: N/A Traditional ROI: 8.14%
2156 E Mullett Lake Road Indian River, MI MOTIVATED SELLER!! Well-appointed 4 bedroom, 3 full bath home ideally located just minutes...	4 beds \| 3 baths \| 2,216 sq.ft.	$399,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.95% Airbnb Rental Income: $1735 Traditional Rental Income: $2895 Airbnb ROI: 0.58% Traditional ROI: 4.95%
5384 Commerce Blvd #A102 Indian River, MI 5384 Commerce Blvd #A102, Indian River, MI 49749 \| Other	N/A beds \| N/A baths \| N/A	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $919 Airbnb ROI: N/A Traditional ROI: 3.68%
1962 E Devereaux Lake Rd Indian River, MI This immaculately updated 2-bedroom, 1-bath log cabin showcases true pride of ownership wi...	2 beds \| 1 baths \| 585 sq.ft.	$169,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 5.68% Airbnb Rental Income: $943 Traditional Rental Income: $1306 Airbnb ROI: 1.3% Traditional ROI: 5.68%

Real Estate investment in Indian-river, MI

There are 62 properties for sale in the city of Indian River . The median list price in Indian River is $698,139 and the average price per square foot is $334. In June 2026, the average monthly cash on cash return in Indian River is 3.00%. The average monthly rental income in Indian River is $2,136.

Indian-river, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 62 investment properties available for sale in Indian-river.

In 2026, the best neighborhood to buy investment property is Indian River.

The ROI for Long-Term is higher than the Short-Term in Indian-river with average rental income of $2,136.

Your search for investment property begins and ends here

Investment Property for Sale in Indian River, MI

1012 Lynn Drive

Indian River, MI

2 beds | 1 baths | 793 sq.ft.

$379,900

Airbnb cash on cash: -1.11%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $943

Traditional Rental Income: $1518

Airbnb ROI: -1.11%

Traditional ROI: 1.47%

1461 Riverview Lane

Indian River, MI

4 beds | 2 baths | 1,186 sq.ft.

$375,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1735

Traditional Rental Income: $2245

Airbnb ROI: 0.78%

Traditional ROI: 3.59%

939 Stratford Lane

Indian River, MI

3 beds | 2 baths | 1,200 sq.ft.

$499,000

Airbnb cash on cash: -1.58%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $867

Traditional Rental Income: $2154

Airbnb ROI: -1.58%

Traditional ROI: 1.89%

5134 Big Sky Trail

Indian River, MI

3 beds | 3 baths | 2,561 sq.ft.

$549,900

Airbnb cash on cash: -1.67%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $867

Traditional Rental Income: $3009

Airbnb ROI: -1.67%

Traditional ROI: 3.15%

3401 Poplar Street

Indian River, MI

3 beds | 2 baths | 1,810 sq.ft.

$494,000

Airbnb cash on cash: -1.57%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $867

Traditional Rental Income: $2710

Airbnb ROI: -1.57%

Traditional ROI: 3.14%

6528 Holden Road

Indian River, MI

5 beds | 4 baths | 2,780 sq.ft.

$650,000

Airbnb cash on cash: -1.49%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1094

Traditional Rental Income: $3477

Airbnb ROI: -1.49%

Traditional ROI: 3.05%

1343 Renos Drive

Indian River, MI

2 beds | 1 baths | 1,350 sq.ft.

$679,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 0.47%

Airbnb Rental Income: $943

Traditional Rental Income: $1226

Airbnb ROI: -0.53%

Traditional ROI: 0.47%

3710 Lake Marina Drive

Indian River, MI

3 beds | 3 baths | 3,450 sq.ft.

$899,900

Airbnb cash on cash: -0.96%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $867

Traditional Rental Income: $3218

Airbnb ROI: -0.96%